Memory recalled questions
Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for VIDEO LECTURES OF ASHISH SIR (FOR ALL SCALES) — Bank Promotions.
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Free sample — 8 of 66 rapid-fire Q&A cards.
What is the minimum CIBIL score generally required for a bank employee to be considered for promotion to Scale II?
While there is no universal statutory minimum, most banks internally require a credit score above 700 and no default history for employees seeking promotion, as personal financial discipline is assessed during promotion review.
What is the minimum percentage of marks required in the promotion written test for SC/ST candidates in most public sector banks?
SC/ST candidates need 5% relaxation below the cut-off marks.
Which authority is responsible for framing promotion policies for officers in public sector banks?
The Board of Directors of each public sector bank frames the promotion policy, subject to guidelines issued by the Department of Financial Services (DFS) under the Ministry of Finance and IBA norms.
What is the full form of AIBEA in the context of bank unions?
All India Bank Employees Association.
What is the significance of ACR (Annual Confidential Report) in bank officer promotions?
ACR reflects an officer's annual performance appraisal by superiors and is a key input in promotion selection; consistently high ACR ratings improve chances of promotion and may be mandatory reading for the promotion committee.
What is the typical probation period for a newly promoted Scale II officer in public sector banks?
One year from the date of promotion.
What does the term 'seniority-cum-merit' mean in the context of bank promotions?
Seniority-cum-merit means that while seniority is the primary criterion for promotion consideration, candidates must also meet a minimum merit threshold in written tests or interviews to be promoted.
What does the term 'eligible list' mean in bank promotion procedures?
List of employees who meet minimum criteria for promotion.
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